The Association between Nonprofessional Investors' Information Choices and Their Portfolio Returns: The Importance of Investing Experience*

Abstract

Contemporary Accounting ResearchVolume 25, Issue 2 p. 473-498 The Association between Nonprofessional Investors' Information Choices and Their Portfolio Returns: The Importance of Investing Experience* W. Brooke Elliott, W. Brooke Elliott University of Illinois, Urbana-ChampaignSearch for more papers by this authorFrank D. Hodge, Frank D. Hodge University of WashingtonSearch for more papers by this authorKevin E. Jackson, Kevin E. Jackson University of Illinois, Urbana-ChampaignSearch for more papers by this author W. Brooke Elliott, W. Brooke Elliott University of Illinois, Urbana-ChampaignSearch for more papers by this authorFrank D. Hodge, Frank D. Hodge University of WashingtonSearch for more papers by this authorKevin E. Jackson, Kevin E. Jackson University of Illinois, Urbana-ChampaignSearch for more papers by this author First published: 15 January 2010 https://doi.org/10.1506/car.25.2.7Citations: 73 * Accepted by Steven Salterio. We thank Sarah Bonner, Bob Bowen, Nerissa Brown, Rajib Doogar, Tom Dyckman, Neil Fargher, Annie Farrell, Susan Krische, Dawn Matsumoto, Dale Morse, Mark Nelson, Mark Peecher, Shiva Rajgopal, Ed Riedl, Steve Salterio (associate editor), Terry Shevlin, D. Shores, Steve Smith, Bill Tayler, two anonymous reviewers and workshop participants at Cornell University, University of Cincinnati, University of Illinois Urbana-Champaign, University of Southern California, 2005 University of British Columbia, University of Oregon and University of Washington (UBCOW) Conference, the 2005 American Accounting Association (AAA) Annual Meeting, and the 2005 AAA ABO Section Meeting for helpful comments. We thank Hongmei Zhao for her research assistance. We thank the individual investors who participated in this project and the regional chapter of the National Association of Investors Corporation for access to their members. Frank Hodge acknowledges support of the William R. Gregory and Lane A. Daley Fellowships. AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Citing Literature Volume25, Issue2Summer 2008Pages 473-498 RelatedInformation